Tech Desk 
Jan 21, 2025
Quantum technology startup SandboxAQ revealed Tuesday that its large quantitative models (LQMs) will now be accessible on Google Cloud. This launch marks the first time the company has offered its models on a third-party platform.
This major development allows companies to utilize Google Cloud to develop and deploy LQMs, as part of SandboxAQ’s broader expansion to its customer base.
LQMs are specifically designed to process large-scale numerical datasets, completing complex tasks and calculations within minutes, enabling cutting-edge statistical analysis. These models are used to create well-structured financial models and automate advanced trading strategies, with applications in fields such as sciences, navigation, and financial services.
SandboxAQ CEO Jack Hidary stated: “More than 80% of the economy is run by math and quantitative relationships, where quantitative AI excels.”
“It’s highly complementary to language models,” Hidary added.
SandboxAQ recently secured $300 million in funding, increasing its valuation to $5.6 billion. Investors in the funding round included Fred Alger Management, T. Rowe Price, and Breyer Capital.
Google Cloud’s collaboration with SandboxAQ aligns with its focus on quantum computing. In December, Alphabet-owned Google announced significant advancements in quantum chip development, bridging gaps in the field.
Other leading tech giants are reportedly investing in quantum technology, with Microsoft launching its “Quantum Ready program” and Nvidia estimating practical quantum computing applications to be two decades away.
SandboxAQ’s collaboration with Google Cloud underscores the growing intersection of AI, quantum computing, and business applications, as tech firms invest in next-generation solutions to drive growth.
